Leslie Roland
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
TURNKEY Bar...Restaurant...Event Venue...Inventory Included! Rare opportunity to own an established small-town commercial property offering multiple uses and income-producing possibilities. Situated on an entire 1.37 acre city block, this property combines a popular bar & restaurant, dedicated event space, gaming room, attached apartment & parking. The restaurant has approx. 80 person capacity with a full commercial kitchen, walk-in coolers & an established busy lunch crowd, providing a strong foundation for continued restaurant & bar operations. A separate event room with an approx. 130 person capacity with opportunities for private parties, receptions, meetings, celebrations, fundraisers & community events. FEATURES: Attached apartment offering owner-occupant, manager housing or additional rental potential, large oversized parking lot, 1 car garage, 3 carports, 2 storage trailers, man cave, multiple storage areas, lean to sheds, smoker & more! Gaming room offers additional income through the state. With its combination of multiple income sources, this property offers an opportunity to operate multiple aspects of a business from one convenient location while owning an entire city block. Ideal for owner-operator, entrepreneur, investor or someone looking for a versatile commercial property with multiple potential revenue streams. Call today for additional details & your appointment!
Property Highlights
Property Type: Commercial - Investment
Year Built: 1977
Lot Size: 1.38 acres
General Information
County: Henderson
Listed By:
RE/MAX Real Estate Specialists
319-752-8888
No Coast MLS
MLS ID: 6343224
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1002 N 7th Street, Oquawka, IL 61469.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $225,000 | $225,000 | $225,000 |
| Down Payment | $45,000 | $7,875 | $56,250 |
| Monthly Mortgage Amount | $1,182 | $1,451 | $1,458 |
| Taxes | $313 | $313 | $313 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $99 | $0 |
| Monthly Estimated Total | $1,595 | $1,963 | $1,871 |
Leslie Roland
REALTOR®
Office: (309) 743-8000
Cell: (309) 644-2774
Licensed in IA & IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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